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1 12.5 points Use the income statement shown next to calculate free cash flow for Rainier Printing for 2021. In addition to the information
1 12.5 points Use the income statement shown next to calculate free cash flow for Rainier Printing for 2021. In addition to the information in the income statement, assume that Rainier had $680,000 in capital expenditures and $480,000 in working capital investments during 2021. Rainier Printing Income Statement January 1 to December 31, 2021 ($ thousands) H Net sales Cost of sales eBook Gross profit References Operating expense Depreciation expense Operating income Interest expense Income before tax Tax Income after tax Note: Enter your answer in thousands. $ 10,600 6,800 3,800 1,180 630 1,990 330 1,660 664 $ 996 Mc Graw Hill Free cash flow Q Check my work < Prev 1 of 2 --- Next > --- 70F Sunny )) 9:53 AM 2/21/2023
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